Rietumu Bank ranked as the tenth most valuable company in Latvia.
Among the ten most valuable companies, alongside Rietumu Bank, there are the state monopoly companies in energy, transportation, forestry and communications industries and the leading players in IT and retail markets, as well as two local subsidiaries of international banks.
TOP 101 is an independent report, prepared by Prudentia, a local corporate finance consulting company and Nasdaq Riga, the Latvian stock exchange.
“The high valuation of Rietumu Bank by the expert community is not just a matter of pride,” says Rolf Fuls, the Chairman of Board. “It is a valuable appraisal of the current market standing of the leading players in the economy. In addition, this report serves as an acknowledgement of the successful transformation of the bank in the aftermath of turbulent events, which dominated the the Latvian financial market this spring. Now Rietumu Bank is engaging in a growing number of promising financing projects and is busy opening new accounts and establishing new client relationships.”
Previously the success of Rietumu Bank in transforming its business model has also been recognized by a representative of the US Treasury Department and the Minister of Finance of Latvia.
The full TOP 101 ranking can be seen here:
http://www.top101.lv/en/top101/2018 Eleonora Gailisha Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
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